The Consequences of Educational Voucher Reform in Chile
In an effort to boost student achievement and reduce income-based gaps, the Chilean government passed the Preferential School Subsidy Law (SEP) in 2008, which altered the nation’s 27-year-old universal school-voucher system dramatically. Implementation of SEP increased the value of the school voucher by 50 percent for “priority students”, primarily those whose family incomes fell within the bottom 40 percent of the national distribution.